MAS DBS

2023 - 11 - 2

MAS Imposes Six-Month Pause on DBS Bank's Non-Essential ... (Monetary Authority of Singapore)

MAS has imposed a six-month pause on DBS Bank Ltd's non-essential IT changes to ensure that the bank keeps sharp focus on restoring the resiliency ...

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Image courtesy of "The Business Times"

Brokers' take: Analysts sanguine on DBS' dividend prospects ... (The Business Times)

SEVERAL brokerages indicated that they viewed the Monetary Authority of Singapore's (MAS) latest restrictions on DBS as little threat to the bank's earnings ...

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Image courtesy of "The Straits Times"

MAS suspends DBS from new business ventures, reducing branch ... (The Straits Times)

MAS said it will review DBS' progress after 6 months and decide if further action is needed. Read more at straitstimes.com.

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Image courtesy of "CNA"

MAS bars DBS from acquiring new business ventures for 6 months ... (CNA)

DBS will not be allowed to reduce the size of its branch and ATM networks in Singapore for now, to ensure there are adequate alternative channels for ...

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Image courtesy of "TODAY"

Service outages: MAS bars DBS from acquiring new business ... (TODAY)

SINGAPORE — DBS Bank has been barred from acquiring new business ventures by the Monetary Authority of Singapore (MAS), and also instructed not to reduce ...

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Image courtesy of "BNN"

Singapore Set to Direct Largest Bank DBS to Fix 'Unacceptable ... (BNN)

(Bloomberg) -- Singapore's financial regulator banned DBS Group Holdings Ltd. from acquiring new business ventures for six months and the bank will hold ...

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Image courtesy of "The Edge Singapore"

MAS prohibits DBS from acquiring new business ventures for six ... (The Edge Singapore)

The bank will not be allowed to acquire new business ventures during this period or reduce the size of its branch and ATM networks in Singapore.

MAS bans DBS from new businesses ventures for 6 months ... (Marketing Interactive)

DBS Bank will also not be allowed to acquire new business ventures during this period or reduce the size of its branch and ATM networks in Singapore, according ...

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Image courtesy of "Tech in Asia"

MAS bans DBS from acquiring new ventures for six months (Tech in Asia)

The move comes after repeated outages in Singapore-based bank's digital banking services this year.

MAS suspends DBS from new business ventures, reducing branch ... (Singapore Law Watch)

For six months, DBS Bank will have to suspend non-essential changes to its IT systems, and will not be allowed to take on new business ventures,...

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Image courtesy of "TechNode Global"

MAS bars DBS Bank from acquiring new business ventures for six ... (TechNode Global)

The Monetary Authority of Singapore (MAS) has imposed a six-month pause on DBS Bank Ltd's (DBS Bank) non-essential information technology (IT) changes to ...

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Image courtesy of "CNA"

MAS penalties on DBS won't set the bank back, analysts say (CNA)

SINGAPORE: The punishment meted out to DBS appears "minor" and not commensurate with the impact of the service disruptions to Singapore's biggest lender, ...

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Image courtesy of "The Edge Singapore"

RHB lowers DBS's TP while Citi notes positives and negatives from ... (The Edge Singapore)

The Singapore research team at RHB Bank Singapore has remained “neutral” on DBS Group Holdings with a lowered target price of $34.70 from $36.30 after the ...

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Image courtesy of "Reuters"

Piyush Gupta: Asia's most disrupted digital banker (Reuters)

It's a jarring moment. Piyush Gupta, CEO of DBS Group is often lauded as Asia's top financier and has been tipped as a candidate to lead global rivals.

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